Vesting of RSUs. Subject to the terms and conditions of Sections 5, 6 and 7 hereof, all of the RSUs covered by this Agreement shall become nonforfeitable upon the Grantee remaining in the continuous employment of the Company or a Subsidiary until the third anniversary of the Date of Grant (the period of time from the Date of Grant to the third anniversary, the “Restriction Period”).
Appears in 7 contracts
Samples: Lincoln Electric Holdings Inc, Equity and Incentive Compensation Plan (Lincoln Electric Holdings Inc), Restricted Stock Unit Agreement (Lincoln Electric Holdings Inc)
Vesting of RSUs. Subject to the terms and conditions of Sections 5, 5 and 6 and 7 hereof, all of the RSUs covered by this Agreement shall become nonforfeitable upon and payable to the Grantee remaining in the continuous employment pursuant to Section 7 hereof with respect to 25% of the Company or a Subsidiary until RSUs on the first anniversary of the Date of Grant, 25% of the RSUs on the second anniversary of the Date of Grant, 25% of the RSUs on the third anniversary of the Date of Grant (Grant, and 25% of the period RSUs on the fourth anniversary of time from the Date of Grant to the third anniversary(each such date, the a “Restriction PeriodVesting Date”), if the Grantee remains in the continuous employ of the Company or any Subsidiary as of each such Vesting Date.
Appears in 4 contracts
Samples: 2018 Equity and Incentive Compensation Plan (FTS International, Inc.), Lock Up Agreement (FTS International, Inc.), Lock Up Agreement (FTS International, Inc.)
Vesting of RSUs. Subject to the terms and conditions of Sections 5, 6 and 7 hereof, all of the RSUs covered by this Agreement shall become nonforfeitable upon the Grantee remaining in the continuous employment of the Company or a Subsidiary until the third anniversary of the Date of Grant (the period of time from the Date of Grant to the third anniversary, the “Restriction Period”)Grant.
Appears in 1 contract
Samples: Restricted Stock Unit Agreement (Lincoln Electric Holdings Inc)
Vesting of RSUs. Subject to the terms and conditions of Sections 5, 6 and 7 hereof, all of the RSUs covered by this Agreement shall become nonforfeitable upon the Grantee remaining in the continuous employment of the Company or a Subsidiary until the third anniversary of the Date of Grant (the period of time from the Date of Grant to the third anniversary, the “Restriction Period”)..
Appears in 1 contract
Samples: Lincoln Electric Holdings Inc
